One of the important offerings of an esports betting site is its payment method. The payment method used by a betting site determines how well punters can deposit funds and withdraw their winnings. Generally, esports betting sites have many options concerning payment methods. These options range from bank transfer to credit card payment and online payment services.
One of the online payment services used in esports betting sites is Ecopayz. In this article, we will discuss the payment service, how it works, and the betting sites that allow its use.
Ecopayz is an online wallet. It is one of the oldest ones around as it was established in 2000. It is also reputable because its parent company, PSI-Pay Ltd, holds a regulatory license from the FCA and the British FSA (Financial Services Authority). The payment service operates in over 150 countries of the world and offers seamless deposit and withdrawal services.
Before we get started, be sure to check out our PayPal payment methods section & our Credit Cards payment methods.
Esports Betting Sites with Ecopayz
Given the reputation and popularity of the payment service, it is not a surprise that many esports betting sites allow punters to make deposits and withdrawals with the payment service. More than other features, punters enjoy the fast payout and withdrawal feature and the relaxed approach to financial transactions that Ecopayz offers. As a result, numerous esports betting sites allow esports betting lovers to use Ecopayz on their platform.
When a reputable esports betting site allows you to use a reputable payment service, you know that something impressive is about to happen. Impressive offers are what you get when you use Ecopayz on Betway. The bookmaker gives you a 100% bonus on your first deposit when you make it using Ecopayz.
You also get to enjoy other benefits such as fast withdrawal times. This means that you don’t have to wait for days or weeks to get your winnings from your favorite esports betting sites. You also enjoy seamless transactions in your native currencies and language, among other benefits.
There is no way that you are an esports punter and you don’t know 888sport. The bookmaker is a popular name in esports betting and has established itself as one of the leading brands. It is, therefore, no surprise that you get to use an efficient payment service such as Ecopayz on 888sport.
Using Ecopayz on 888sport comes with numerous benefits. One of them is the bonus offer when you wager on 888sport. Wagering $10 gives you as much as $30 in bonus. Other benefits include a high deposit and withdrawal limit meaning that you can deposit and withdraw more from your betting sites with Ecopayz.
When it comes to the mover and shakers of the esports betting industry, there is no doubt about the status of 22Bet. It is up there with the top esports betting site. As a result, it offers an impressive variety of payment options which includes Ecopayz.
When you use Ecopayz with this bookmaker, you get a 100% bonus credit on your first deposit. This bonus is open to all new punters who just created an account with 22Bet. You also get to enjoy a wide range of betting markets which increases your chances of winning.
These three are some of the numerous betting sites that allow punters to use Ecopayz. Others include:
How To Use Ecopayz on Esports Betting Sites
It is not enough to know the esports betting sites that allow you to use Ecopayz, you should also know how to use the payment service. This way, you would be able to enjoy the impressive features and benefits associated with the online wallet.
Using Ecopayz on esports betting sites starts from creating an account with Ecopayz. Ecopayz is an online payment service, and this means that you need to sign up and create an account online. The steps involved are simple and they are as follows;
Log on to the website, www.ecoPayz.com. Choose the “Open Free Account” option
Input the data required in the form provided
Review that information provided and click on “Create Account” when you are sure
After creating an account, depositing funds into your esports betting account is the next step and this is even easier than creating an account. The steps involved include
Log on to your esports betting website or open the app
Go to the Deposit funds option, and select Ecopayz as your payment method
You will then need to log in to your ecoPayz account
After logging into the account, provide the information needed to confirm the deposit transaction
Click on confirm and the money will be sent to your esports betting account immediately
You can also withdraw your winnings from the esports betting account with Ecopayz. The process involved is as easy as the deposit process. The steps include
Select withdraw funds from your esports betting account
Enter the amount of money you would like to withdraw
Select Ecopayz as your preferred withdrawal method
Provide the information required and click on Confirm
It is however important to state here that the duration for processing the withdrawal of your funds to Ecopayz may take about 1-3 days. Once it gets to your Ecopayz account, you can then transfer it immediately into your bank account without any delay.
If you wish to withdraw directly from your Ecopayz account, you can do this easily with a prepaid card known as ecoCard. This card allows you to withdraw funds directly from your Ecopayz account through any ATM anywhere in the world.
And what’s more, there is no withdrawal limit on your Ecopayz account. This means that you can withdraw as much as you like with your Ecopayz account.
Features of Ecopayz
We have discussed how you can use Ecopayz to deposit funds and withdraw your winnings on your favorite esports betting sites. However, let us discuss the features of Ecopayz and why you should choose Ecopayz as your preferred method of payment on esports betting sites.
Alternatively, you can take a look at our pages for all the information about Klarna and Trustly – see how Ecopayz compares.
Advantages of Ecopayz
Ecopayz comes with many impressive and exciting features. These features include easy usage, security for funds, bonus offers, and many more. Here are some of the features and reasons why you should use Ecopayz for your esports betting site.
This is one of the strong suits of this payment service. Ecopayz is safe and secured against cyberattacks and data infringements from third parties. As a result, your money and details provided while creating an account remain safe with Ecopayz.
Fast deposit and Withdrawal
Another exciting advantage of Ecopayz is its fast processing duration. You get to complete transactions (be it payment or withdrawal) with Ecopayz as fast as possible. The delay caused by processing transactions is not witnessed here as the payment doesn’t interfere with the payment process.
This is another reason why many esports punters prefer Ecopayz to other payment methods. Ecopayz doesn’t prevent you from enjoying the welcome bonus or promotion awarded by the betting site. Some payment methods such as Skrill and Neteller disqualifies you from enjoying welcome bonuses.
This means that if you use either Skrill or Neteller to make your first deposit, you will not get the welcome bonus designated by the bookmaker. With Ecopayz, this is not the case. You can enjoy the welcome bonus awarded by your favorite esports betting site.
There is a system of rewards for players who use Ecopayz frequently. These players must have transacted a certain amount of money and will be eligible to enjoy some benefits such as low conversion fees and free money transfer.
Efficient Customer Support System
Another important aspect of reputable payment service is its customer support service. Customers may have issues or inquiries with the offerings of a payment service, and since the service is rendered online with no physical office or branch, the customer support service is the only way to resolve any issue or get answers to inquiries.
Ecopayz excels in this regard by not only having multiple channels for customers to reach support agents, but the system is also fast and highly responsive. You will get help and answers to your questions as fast as possible. Overall, Ecopayz customer support service is one of the best we have seen.
It is important that your preferred payment service is present and accepted in as many places as possible. This means that you can easily use the payment service in as many places as possible. Ecopayz also checks this box as it is present and operating in about 159 countries. While this wide acceptance is largely due to its reputation and quality service, it is a helpful feature and an impressive advantage.
Another benefit you get from this wide acceptance is the ability to hold multiple currencies with one account. Because the service is widely accepted all over the world, you can get sub-accounts with different currencies, while running a single Ecopayz account. You can hold as many as 45 different currencies with your Ecopayz account.
Easy to Use Products
Being an online payment company, Ecopayz supports even more mobile financial transactions. This is made possible through its mobile app, and other mobile payment products such as ecoCard, ecoVirtualCard, and ecoVoucher. The mobile app allows you to carry out transactions on your mobile phone while on the go, while the cards allow you to deposit and withdraw online and at ATMs all over the globe.
Disadvantages of Ecopayz
Ecopayz is an awesome payment service, but it is not a perfect one. This means that as much as the benefits and impressive features are, there are still some downsides to the use of Ecopayz as your preferred payment method on esports betting sites. Here are some of the disadvantages of using an online bookmaker with Ecopayz;
Charges and processing fees
This is the bane of almost all e-wallets and online payment services. The fees charged on transactions are the major turn-off that punters encounter when they use these payment methods. Ecopayz is also not free from these disadvantages. It charges fees on transactions such as deposits and withdrawals. However, the consolation here is that the fees charged by Ecopayz are not as high as those charged by other e-wallets such as Neteller and Skrill. Although, Ecopayz charges per transaction while Neteller and Skrill charge per day.
As much as Ecopayz is widely accepted and popular in many countries, there are still many countries where you cannot use the Ecopayz account or its payment product. For instance, you cannot use Ecopayz in countries such as Nigeria, Kenya, and the US. Also, some popular esports betting sites do not allow you to use Ecopayz. An example of such a betting site is Bet365.
You should also know that Ecopayz payment solutions (ecoCard and ecoVirtualCard) are only available in the EEA countries. This means that once you are outside any of these countries, you cannot transact with the cards. Finally, online bookmakers with Ecopayz don’t allow the use of ecoCard for depositing funds. This is due to the exorbitant charges that the betting operators have to cover for such transactions to go through.
Inability to fund from other wallets
You should know that you can only fund your Ecopayz account using your bank account. This is because the payment service doesn’t allow the use of other e-wallets and fintech solutions to fund your wallet. This is unlike other e-wallet brands that allow you to fund your account through any means including e-wallets.
Slow Customer Service
While it is true that Ecopayz has one of the best customer support services in the fintech industry, there have been cases of bad or slow customer support service. In these cases, customers had to wait for hours to get connected to a customer support agent to provide help. Other cases involved the help or answers provided not being helpful or useful in the real sense of it. However, it is important to state that these cases have been minimal and far in between.
Alternatives to Ecopayz
Given the disadvantages discussed above, it is easy to see that some punters may require an alternative for Ecopayz. Be it running from the fees charged or you simply cannot use Ecopayz and its products in your country or region, there are appropriate substitutes and alternatives for you.
The first set of alternatives are Skrill and Neteller. These are arguably the most popular online payment companies and they have a very solid reputation even with esports betting sites. Thus, you can decide to opt for these two options if you cannot use Ecopayz in your country.
However, you should know that Skrill and Neteller are not good options if you are seeking to avoid processing fees from Ecopayz. This is because the two e-wallets charge more fees than Ecopayz.
For instance, you need a lower cash-in to upgrade on Ecopayz than you need with Skrill and Neteller. Also, while depositing with Ecopayz is free, Skrill and Neteller charge between 1% and 2.5% of your funds on deposit transactions. Finally, Ecopayz has a lower exchange fee (2.99%) than that of Skrill and Neteller who charge 3.99%.
Apart from Skrill and Neteller, another alternative to Ecopayz that you can choose is Revolut. Revolut is a relatively new fintech solution and is great with esports betting sites. With Revolut, you can avoid exorbitant processing charges while transacting in different countries.
In a bid to answer the all-important question, “Is Ecopayz good for esports betting?” We take a look at the number of online bookmakers with Ecopayz, and we see them increasing almost every day. This is a testament that the payment service is the preferred option for many punters around the world. The features of the payment service make it easier for punters to fall in love with it. From its wide acceptance to its fast payout feature, Ecopayz is one of the best payment options for esports betting.
❓ Is it Safe to Use Esports Betting Sites with Ecopayz?
Ecopayz offers immense security for your funds and data stored on the company’s database. This way, your details, and money are safe from hackers and malicious internet users. Also, the company is granulated and authorized to do business by the FCA and the British FSA respectively. Click here to know more about Ecopayz and its security apparatus.
🎁 Will I get a Welcome Bonus on Esports Betting Sites with Ecopayz?
Many e-wallets and fintech solutions do not allow you to enjoy the welcome bonus and promotion offered by your favorite esports betting sites when you make your first deposit using the payment method. This is not true for Ecopayz. You can enjoy all the bonuses offered by your esports betting sites when you use Ecopayz to make payments. Read more here about the bonuses you get when you use online bookmakers with Ecopayz.
🔐 Are there alternatives for Online Bookmakers with Ecopayz?
You cannot use Ecopayz in all the countries of the world as some countries have banned the use of the payment service. In this case, some alternatives provide almost the same features and benefits offered by Ecopayz. Click here to know these alternatives and how they operate.
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